SOME NEWS OF MADONNA

The Madonna – Live Nation Deal

It’s official.
Madonna is leaving Warner Music Group in favor of Live Nation in a long rumored landmark deal said to be worth $ 120 millions.
Madonna would receive a mix of cash and stock and give Live Nation the rights to sell three studio albums, promote concert tours, sell merchandise and license her name.

The Live Nation deal is similar to recent pacts in which recording artists create partnerships that share in music and concert ticket revenue.
Warner Music Group only makes money from Madonna's recorded music sales.

It would be the first entry into recorded music for Live Nation, the world's largest concert promoter. Intriguingly, Madonna would be the first of her early '80s superstar peers to step outside the label system to continue making recordings.
For artists, it’s good news, as it only adds to the ever-growing number of ways in which they can make a living, whether via the traditional recording labels, live events companies such as Live Nation, or even by going direct, like Radiohead.